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Repossession, weather voluntary or not, still leaves you liable for the note you signed. In other words, if you give the car back, you still have to pay for it, you just have nothing to show! A better idea would be to go on www.kbb.com (kelly blue book) and check what the private sell value is on the vehicle. Then, compare that with the local dealers and classified ads in the paper to get a fair price and sell it! Fast! Remember thought, in order to give the buyer the title, you're going to have to make up the difference in the note. For example, kbb says your car is worth 14.000 but you owe 16,500, you're going to have to come up with an extra 2,500 dollars for the lender in order to get the title. Beg, borrow or (not) steal, lol the money from a local lender or credit union and while your at it, get a few extra dollars to buy yourself a cheap cheap car (200-1000) bucks and that way you have a payed for vehicle, out of that money-pit, pay off your note, and save up mo1ney so you can buy a much better vehicle, in cash! I hope I've helped, if not, smack me

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16y ago

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